Wynn Resorts Ltd. Reports 15% Retreat In Q4 Bottom Line

(RTTNews) - Wynn Resorts Ltd. (WYNN) reported earnings for fourth quarter that decreased compared to the same period last year.

The company said its bottom line fell to $104.08 million, or $1.03 per share. This was down from $122.45 million, or $1.20 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.76 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 16.7% to $0.95 billion. This was down from $1.14 billion last year.

Wynn Resorts Ltd. earnings at a glance:

-Earnings (Q4): $104.08 Mln. vs. $122.45 Mln. last year. -Earnings Decline (Y-o-Y): -15.0% -EPS (Q4): $1.03 vs. $1.20 last year. -EPS Decline (Y-o-Y): -14.2% -Analysts Estimate: $0.76 -Revenue (Q4): $0.95 Bln vs. $1.14 Bln last year. -Revenue Change (Y-o-Y): -16.7%